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Change in Depreciation Key

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Hi Experts,

 

My client wants to implement its new policy on depreciation rates. Previously they used 10% WDV on certain class of assets and now as per their new policy, 30% WDV will be calculated for the same asset class from the new fiscal year.

 

Can you guide me the steps that needs to be performed so that this change can be smoothly incorporated. As per my understanding, we need to configure the new depreciation key and update them in the asset master from AS02. As it is a mass change, I can create an LSMW upload program.

 

Please guide on the steps and key points.

 

Thanks,

Anss


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